Overview
- A spokesperson told People that layoffs were unavoidable during restructuring, with multiple outlets reporting about three positions cut and no further personnel details provided.
- Harry and Meghan officially renamed the charity Archewell Philanthropies at its five-year mark, positioning it for broader family-led giving.
- Public tax documents show $2.1 million in 2024 donations against $5.1 million in expenses, reducing net assets to $8.2 million from $10.7 million.
- Filings list about $913,000 in salaries, $2.9 million in other expenses, and roughly $1.25 million in grants, including $50,000 for basketball courts in Nigeria, with donor identities not disclosed.
- Media and insider accounts link increased spending to 2024 trips to Nigeria and Colombia, a point reported by outlets but not confirmed by Archewell.